Nidec Announces Financial Results for Fiscal Year Ended March 31, 2026

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594) (OTC US: NJDCY) announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the fiscal year ended March 31, 2026.

The highlights are as follows:

-	Consolidated net sales increased Y/Y. In particular, MOEN (Appliance, commercial and industrial products) performed strongly, led by alternators, supported by robust demand for data centers in North America.
-	Recording of large impairment losses resulted in a consolidated operating loss.
-	Major impairment losses:
		ACIM -298.8 billion yen
		NPe (NIDEC PSA EMOTORS SAS) -116.3 billion yen
		NMOJ (NIDEC MOBILITY CORPORATION) -73.1 billion yen
-	Due to the recognition of significant impairment losses at consolidated subsidiaries, Nidec Corp., the parent company, recognized significant impairment losses
		Recognition of impairment losses on shares of subsidiaries and investments held by Nidec Corp.
		Provision for allowance for doubtful accounts regarding receivables from subsidiaries, etc.

Selected Consolidated Results of Operations (IFRS-Based)　

Yen in millions, except for per share amounts and percentages	Year ended March 31,		Increase (Decrease) %	Three months ended March 31,		Increase (Decrease)%
	2026	2025 (Restated)		2026	2025 (Restated)
Net sales-------------------------------------------------------------------------------------	2,708,705	2,606,347	3.9%	722,348	665,846	8.5%
Operating profit--------------------------------------------------------------	(518,978)	128,222	-	(634,713)	(34,117)	-
Ratio of operating profit to net sales-----------------------	(19.2%)	4.9%	-	(87.9%)	(5.1%)	-
Profit before income taxes--------------------------------------------	(496,214)	124,576	-	(633,650)	(42,314)	-
Ratio of profit before income taxes to net sales-----	(18.3%)	4.8%	-	(87.7%)	(6.4%)	-
Profit attributable to owners of the parent-------------------	(564,624)	84,672	-	(603,741)	(42,713)	-
Ratio of profit attributable to owners of the parent to net sales----------------------------------------------------------------------	(20.8%)	3.2%	-	(83.6%)	(6.4%)	-
Earnings per share attributable to owners of the parent - basic (Yen)------------------------------------------------------------------	(492.55)	73.69	-	(526.68)	(30.41)	-
Earnings per share attributable to owners of the parent - diluted (Yen)---------------------------------------------------------------	-	-	-	-	-	-

Full copy of Nidec’s financial statements for the fiscal year ended March 31, 2026:
https://www.nidec.com/files/user/www-nidec-com/corporate/news/2026/0930-10/260930-10en.pdf